No-one can really for-see how the bulls or bears mark there entrance or exits. With the assumption that the market is still bullish, the Grey area is where I see it settle for a while and then the bulls will make their move as it gets closer to the ETF announcement date and more positive news out there. ALT coins will just take a back seat and follow BTC tail. Between $7200 to 7500 is where the bounce will come.
Comment:
At this stage, its 50/50 that it can drop to 6800 which is strong support.
Comment:
fter tonight, if there is a green candle stick (Daily or 2 Days), then its a good time to consider entering again. Its important to see how Saturday progresses (bullish?). If not enough volume as well, then I would lean towards the $6800 as the next entry. If its bullish, $8500 will be tested again.
Comment:
Between $6500 and $6800 is the next support. We have broken the $7300 line with the downwards initiated merging triangle. www.tradingview.com/chart/TNOqEosy/
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This community has signals now but with no risk management comms.